NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:NOV • DK0062498333
We assign a technical rating of 1 out of 10 to NOV. NOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NOV is a bad performer in the overall market: 91% of all stocks are doing better.
- NOV is part of the Pharmaceuticals industry. There are 55 other stocks in this industry, of which 74% are performing better than NOV.
- NOV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NOV has a been trading in the 36.55 - 54.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of NOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.87
We found 1 important support area.
- Support @39.26 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 45.01 to 45.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.78 from a trend line in the weekly time frame.
- Resistance @52.53 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV.DE is down. |
| ChartMill Relative Strength | 9.27 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 90.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOV.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests NOV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24 | NEUTRAL | The Stochastics value for NOV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for NOV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.78 | POSITIVE | The high ADX value value for NOV.DE suggests a strong trend. |
FRA:NOV (2/11/2026, 1:41:20 PM)
40.765
-1.16 (-2.77%)
NOVO NORDISK A/S-B / NOV.DE FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 1 / 10 to NOV.DE.
Can you provide the trend direction for NOVO NORDISK A/S-B?
The current trend direction for NOVO NORDISK A/S-B (NOV.DE) is Bearish.
What is the RSI signal for NOV stock?
NOVO NORDISK A/S-B (NOV.DE) has an RSI value of 40.2359. This indicates that the stock is currently neutral.
What is the MACD signal for NOV stock?
The MACD indicator for NOVO NORDISK A/S-B (NOV.DE) has a value of -1.46455, indicating a bearish trend.
Can you provide the buy/sell signal for NOVO NORDISK A/S-B?
The buy/sell signal for NOVO NORDISK A/S-B (NOV.DE) is sell as both the short term and long term trends are negative.